Fair 53°
Tag:

Canada

Business
7-Eleven To Close Hundreds Of Stores 7-Eleven To Close Hundreds Of Stores
7-Eleven To Close Hundreds Of Stores Convenience store chain 7-Eleven is closing hundreds of stores in North America. Parent company Seven & I Holdings said that the 444 locations were “underperforming.” They make up about 3 percent of 7-Eleven's total of around 13,000 outlets in the US, Canada, and Mexico. Specific sites of the stores have not yet been released. In announcing the closures, the company said that 7-Eleven stores saw a 7.3 percent decline in traffic in August, saying a "pullback in consumer spending has persisted beyond prior expectations" that has affected store traffic and sales growth "as consu…

SHARE

by Joe Lombardi
News
Blue Supermoon: What You Need To Know About Rare Lunar Event Blue Supermoon: What You Need To Know About Rare Lunar Event
Blue Supermoon: What You Need To Know About Rare Lunar Event There's an out-of-this-world lunar event set to begin this week.  From Monday, Aug. 19, through Wednesday, Aug. 21, the moon will appear bigger and brighter in the night sky than normal. It's called the supermoon. It's the first one of the year, but that's not why this one is special.  A supermoon occurs when the moon is full and closest to Earth in its orbit, according to NASA. That closeness makes the rocky satellite appear 15 percent bigger and 30 percent brighter.  What makes August's supermoon so unique is that it's a blue moon. No, the light of the moon won't change co…

SHARE

by Josh Lanier
News
Costco Raising Membership Fees In US, Canada Costco Raising Membership Fees In US, Canada
Costco Raising Membership Fees In US, Canada The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10.  Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally.  On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1.  Annual memberships are rising $5 making them $65…

SHARE

by Jillian Pikora